Statement on exploratory discussions with BT

EE Limited, Guarantor of the EE Finance Plc £3,000,000,000 EMTN Programme, announces that its shareholders, Deutsche Telekom AG and Orange SA, have today made the following announcement:

Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE’s  shareholders and strengthen the market position of EE.

As one of these options, Deutsche Telekom AG and Orange SA are in highly preliminary exploratory discussions with British Telecom, although it is too early to state whether any transaction may occur. Deutsche Telekom and Orange will make further announcements if and when appropriate.